Penpie Hacker Who Stole $27 Million Funneled Over $7 Million Via Tornado Cash in 12 Hours

Retrieved on: 2024-09-04 19:25:10

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Penpie Hacker Who Stole $27 Million Funneled Over $7 Million Via Tornado Cash in 12 Hours. View article details on hiswai:

Summary

A hacker exploited Penpie, a DeFi protocol, stealing $27 million and using Tornado Cash, a crypto mixer, to obscure $7 million. This incident underscores the risks in decentralized finance and the importance of security, highlighted by Pendle’s prompt defensive actions.

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